USDCHF - SHORT USDCHF was in a uptrend but has posted a Double Top Reversal pattern with a Bearish Divergence on the RSI, signaling a reversal in play.
Chf
USDCHF 29/10/23UC really clean trend from last week following our ranges as we thought it would, we now have another range to the upside as it stands we are looking for our swing high to be taken, if we break down we will track price as we should, this would also line up with our other bias setups for GU EU N1.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
CAD/CHF Sell Trade: Navigating Oil Dynamics and Safe HavensAlright, let's break down this CAD/CHF sell trade. 📉
First off, if you peek at the monthly and weekly charts, you'll notice this pair's still riding the bearish wave. 📊
On the hourly chart, buyers seem to be in control and have pushed the market into overbought territory. 📈
Now, my eye's on two attractive targets: 0.65750 and 0.65000. 🎯🎯
Now, a bit of context: CAD's been on a rally lately, thanks to the surging oil demand. 🛢️ But, I've got a hunch that this momentum might not last much longer.
Why, you ask? Well, CAD's closely tied to oil, and with all the uncertainties in the world, the oil demand might waver. 🌍
And don't forget about the Swiss Franc - it's a safe haven currency, especially in turbulent times. Given the current global climate, I think it's gonna stay strong. 💪
No stop losses this time. I'm playing it cautious with small lots, about .01 for every 1000 USD.
Keep an eye out for updates! 🚀
UsdChf watch out for rejectionTechnically Uchf came back to its R zone, 4 up candles on daily so far. careful with this zone. or the uptrendline later on.
Of coz act accordingly as PA unfolds over the week.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
GBPCHF: Retest incoming, then downWe've broken out of a long-standing sideways channel to the lower side, now bouncing off support to retest the broken channel.
I'm expecting a big dump in this paid once the retest is complete, UK economy vs Swiss economy, interest yields etc, no comparison.
The Swiss has been a stand-out performer against most crosses this year, GBP has been clinging on but I think we'll drop again soon.
EUR/CHFAnalysis of the euro against the Swiss franc. It is now approaching the resistance area, a selling opportunity
EUR/CHF SELLThe euro against the Swiss franc is still in a downward trend. We take advantage of selling points and have a successful trade
CHFJPY possible expansionAfter price broke previous structure with momentum, it started to consolidate forming what could be seen as something along the lines of a bullish flag or rising wedge. Price is currently above a demand zone that was left behind, with liquidity on both sides of the wedge. Price is unquestionably bullish, so it could use this demand zone with liquidity formed to expand and take out our recently formed weak swing high.
CADCHF BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity CADCHF
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
USD/CHFUSD/CHF is approaching the resistance area and may rebound from there. I think it is an opportunity to sell
Bearish Again on the 1 Hour...?Yesterday, we made our analysis and found a possibility of the market dipping.
The market played out our prediction and hit the 1 and 4-hour liquidity target at 0.89016.
With that swing completed, we are setting up for the next trading opportunity.
We see prices begin to retrace Bullish after hitting our liquidity target.
We have prices back inside our Panzy Pips Block (PB) and we are setting up for a trade. Price is expected to get to our marked-out zone, and from there, it will reverse Bearish. We will look to jump on that Bearishness when the reversal begins.
Even though we are Bearish on the 1 Hour, as well as the 4 hour, it is important to notice and pay attention to the fact that the daily chart is bullish and we have seen prices very recently come into our marked-out zone. This is a sign of Bullishness on the Daily. Be that as it may, since we are trading the 1 hour time frame, we will hold on to the Bearishness sold to us by the 1 hour timeframe and only look to think otherwise where and when the 1 hour reverses adn begins to move Bullish, in the direction of and in syncrony with the Daily Chart.
EUR/CHFeur/chf In the downward channel trend, more focus on selling. We are always careful to stay with the general trend
NZDCHF BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCHF
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURCHF possible longAfter price broke 4h structure with not so great momentum, it quickly retraced has has now retested recent supply zone. But this supply zone is weak as price has a huge imbalance above that it could try to fill, which means that this supply zone is less likely to hold and thus price could only use it just for a momentary retest before breaking it and reaching the one above the imbalance at the top.
eurchf analysis, the trend is downeurchf analysis, the trend is down, focus more on selling than a friend of the trend, good luck
CHF at Key Technical Support⏰CHF at key levels ⏰
Overview
The Swiss Franc is at key technical support levels on several pairs. The CHF strength is driven by the Israel-Hamas war.
The Details
The support levels will likely not hold if there is further escalation in the region. Expect the support levels to break and ***CHF pairs to move lower.
If by some miracle, the war becomes stagnant or things de-escalate, the support levels could hold.
Things to consider
Buying the CHF is painful due to Switzerland's low-interest rate. The swap rate offered by most brokers is off-putting.
A better trade may be a de-escalation trade, though we could be waiting a while
The Swiss Franc continues to downtrend longer-term. A de-escalation trade may catch a downside correction move rather than a long-term uptrend.
The CHF could strengthen on global recession fears, possibly in the coming months.
CADCHF - Around The Lower Bound Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
After rejecting the 0.68 resistance, CADCHF traded lower and it is currently hovering around the lower bound of the range, and support 0.65.
on H1: Right Chart
For the bulls to take over, and activate our buy setup, we need a break above the last high in gray.
Meanwhile, CADCHF would be bearish and can still trade lower inside the green weekly support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDCHF Stuck within the 1D MA50 - MA100. Break-out trade.The USDCHF pair is pulling back after making nearly a Lower High on the long-term Channel Down and hit last hit the 1D MA100 (green trend-line). Today it is testing the 1D MA50 (blue trend-line) as a Resistance, so the closing of the 1D candle either way will most likely decide the next trend.
Above the 1D MA50, we will buy, targeting 0.94000 (Channel Up Higher High and Resistance 2). Below the 1D MA100, we will quick sell, targeting 0.88000 (Channel Up bottom).
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USDCHF 22/10/23UC is another example of bearish price action we know from what we have seen of our other pairs that this is likely to carry over into this week but we will more than likely look to fill some of our high areas, which would match up nicely with what we know of our other pairs for example GU.
Main focus here is to take out a major high or low, as it stands we have a lot of liquid on both sides of the market, so we don't want to get caught up in anything we don't need to be in!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
SUN 22 OCT USDCHF BEARISH TRADEIn the chart, the USD/CHF price has been following a bearish channel, consistently making lower lows and lower highs.
The next opportunity for traders is to wait for the price to pull back to the support level that has become resistance.
With a risk-reward ratio of 3, traders have several strategies available:
A) Wait for the price to pull back and demonstrate a bearish candlestick pattern such as a pinbar, engulfing pattern, inside bar, doji, etc. This approach relies on confirmation from price action signals.
B) Place a limit order at the structural level, anticipating a reversal from that point. This strategy does not wait for confirmation and assumes the price will respect the historical structure.
C) Combine both methods by allocating half of your capital to enter with a limit order at the structure level and the other half upon confirmation of a bearish candlestick pattern. This approach balances confirmation with the potential of an earlier entry.
UsdChf weakest among allLooking at Uchf , if usd is to turn weak, will look more into shorting this pair
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
